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Search Results 0 to 33 of about 34 (some duplicates have been removed)
. if a crisis can be averted. if democrats and republicans can come to an agreement on the big fight that has been frankly smothering american politics for weeks now. president obama announced earlier today that he wants to see a deal done by tomorrow on the big debt ceiling fight that has consumed every bit of oxygen in d.c. for the last few months. the president saying tonight that congressional leaders are on the clock. they have 24 to 36 hours to get a deal done. as planning a vote that the u.s. government should not default on our debt and shut down comes down to the wire, we are inching close enough to the edge here that two of the world's major credit rating agencies have warned that our national credit rating may be downgraded as a result of this standoff. the day that the u.s. would actually hit the debt ceiling and start going into default and shutting down is august 2. but this does not mean that we have until august 2 before we lose our national credit rating. that could just happen right now. because of the uncertainty and because of how long it is taking to get this done. right
is we have a unique opportunity to do something big. we have a chance to stabilize america's finances for a decade, for 15 years or 20 years. if we're willing to seize the moment. what that would require would be some shared sacrifice and a balanced approach that says we're going to make significant cuts in domestic spending. and i have already said i'm willing to take down domestic spending to the lowest percentage of our overall economy since dwight eisenhower. it also requires cuts in defense spending. and i've said that in addition to the $400 billion that we've already cut from defense spending we're willing to look for hundreds of billions more. it would require us taking on health care spending. and that includes looking at medicare and finding ways that we can stabilize the system so that it is available not just for this generation but for future generations. and it would require revenues. it would require, even as we're asking the person who needs a student loan or the senior citizen or, you know, people -- veterans who are trying to get by on a disability check, even as we'
a light and collided with a big rig. the crash is our top story at 11:00. we are live at the stprebg of australia and oakland, the accident happened to tell us what happened. >> reporter: that is where doctor kevin mack was killed earlier today. the police told me late this afternoon that the witnesses say that he was going east on oak here and ran that stop light, causing the accident. >> reporter: as 6:20 this morning the shuttle bus was taking 15 people to sf general hospital when it crashed into a big rig car areaior at oak. 52-year-old psychiatrist kevin mack was ejected through a window and died at the scene. >> here is kevin. this is our white coat ceremony where we welcome our first-year students. >> reporter: the school of medicine is in shock. mack is described as an expeter in bipolar and psychotic behavior. >> he, of course, took care of patients at san francisco general and psyche emergency services, he worked with and supervised psychiatry. residents in training. >> he was a wonderful psychiatrist, a wonderful educator and mentor to our students. and this is a traged
, even alien invasions, but this is the big one, folks. increased traffic on two off-peak days. you know what that means, someone might have to walk someplace. [laughter] think of the children. pray for them. i certainly hope los angeles survives because i've got to be out in l.a. or the big angel, as they say, in just a couple months. i don't want to but it's business because this morning i got nominated for an emmy. [cheering and applause] yep. yes. this is what they look like in person. [audience chanting "stephen"] yes. [cheering and applause] i see these people on the red carpet. now i've already got two for the show, so this could possibly lead to an emmy three-way. see. they're all girls. i checked. [laughter] now, "the report" is nominated for best directing, best writing and best late night show. unbelievably we were once again snubbed for outstanding achievement in prosthetic make-up. people just don't realize that under this i'm like admiral ackbar. [laughter] but for the first time, i was nominated twice in the same category, first for "the report," and then again for late ni
as a big surprise. >> i come here often because i like books. i buy books often. >> reporter: the shutdown has hit customer and workers hard. 15 stores closed in the bay area and nationwide the company laid off some 11,000 employees. competition from online sales, e readers such as kindle and nook. >> reporter: do you ever buy books now? >> only for children's gifts. for me i use kindle. >> reporter: shoppers say they noticed the difference in emeryville. >> i think that border's secured the community. it was a place for people to go study. >> reporter: the remaining stores will probably end up like this one in san francisco unless another bidder comes up by the deadline this sunday at 10:00 p.m. jana katsuyama, ktvu news. >>> there's a growing backlash against netflix with thousands of people complaining on facebook. the company is raises it's customer rate from $10 to $16. now hundreds are threatening to quit. >>> block buster is hoping to take advantage of customers who are unhappy with netflix. the company is offering customers one month free. customers must sign up for one disk or two
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casey anthony, big day. she's getting out of jail on sunday. will you be doing some commentary this weekend? or are you taking this weekend off? >> i may very well, but certainly i'll be talking about it on monday morning. >> have a good weekend, whatever you might end up doing. good to see you as always. thank you so much for being here with me in the cnn news room. i of course will be with you tomorrow and sunday. >>> the president said he's willing to think small if he has to in order to break the stalemate over raising the debt limit. also new apologies from media mogul rupert murdoch. he met with the family of a murdered teenager whose phone was hacked by his now defunct tabloid. there are fast-moving developments in this scandal. it's ungulfing his entire news empire. and as casey anthony prepares to get out of jail on sunday, will she shun the media spotlight or will she try to capitalize on her supposed fame? i'm wolf blitzer. you're in "the situation room." >> president obama back at the bully pulpit for the second time this week to make sure ameripay bill. he went bef
general hospital, krol kol yiding with a big rig. witnesses tell police the driver, traveling east on oak street may have run a red light. and a 52-year-old psychiatrist and associate professor was thrown from a bus and killed. three other passengers and the shuttle driver suffered minor injuries. >> drivers are used to terrible gridlock in los angeles but are they ready for carmeggodon that. is what they're calling a closure of the 405. officials say they're ready and got out to make sure everybody is aware state wide. there are warning signs on 580 here in the bay area for drivers who may be heading down south. and we are live from l.a. now z everybody is expecting that this is going to be a huge mess down there. and you know we've been hearing about this for weeks and forget king kong. the threat is carmeggodon. when you shut down a freeway it does feel like the end of the world. >> if you live in l.a. you know what is coming. the famed 405, yes that 405 is filled with 500,000 cars on a weekend this, weekend it's anything but typical. for 53 hours a 10-mile stretch will be closed. why?
it out of the first inning. the judge declared a mistrial today after federal prosecutors made a big error. they showed jurors evidence that had already been ruled off- limits. clemens, one of baseball's greatest pitchers, was charged with lying to congress when he testified that he never used steroids. the judge scheduled a september hearing to determine if clemens will face a new trial. imagine this: someone will buy your home when you can no longer afford it and sell it back to you at a price you can afford. that story is next. discover customersl are getting five percent cashback bonus at the pump... and at many of the places their summer plans take them. it pays to switch, it pays to discover. is non-stop to seattle? just carry new preparation h totables. discreet, little tubes packed with big relief. from the brand doctors recommend most by name. new preparation h totables. the anywhere preparation h. >> pelley: there were a million home foreclosures in the country last year, and there are expected to be a million this year. a lot of folks are desperate, so we asked anthony mas
in the senate for us. how does austerity look for ordinary italians? >> the big weakness of this budget is it puts off some many of the cuts and tax increases until 2013, 2014. that is not coincidental. there is a general election in june 2013. all of this will have to be done by the next government. in the meantime, there is going to be a gaming tax, increased health charges, cuts in pensions, but only for the highest pensions -- and in italy, pensions are pretty generous. this is not a budget which in the short-term is going to lead anybody into destitution. >> in other news, syrian pro- democracy activists say government forces have killed at least nine people as protests against the president continue. reports indicate the military crackdown on opposition activists in damascus and hana. police have arrested members of opposition supporters. non-governmental organizations say at least 1600 people have been killed since the uprising began four months ago. 13 turkish soldiers have been killed in an attack in the southeast of the country. officials say kurdish militants ambushed troops.
. the scandal now spanning across the atlantic and claiming its first big victim on this "american morning." >>> and good morning. welcome, everybody. it is friday, july 15th. i'm soledad o'brien. you are watching snoonk kiran is off, christine is off, welcome soledad. good to see you. >> thank you. we have a lot to do today. let's get right to it. serious new pressure on rupert murdock and his global media empire. the justice department says it's now investigating the claims that one of its tabloids tried to hack 9/11 victims' phones. a report in another british tabloid, "the mirror" quoting a source who says "news of the world," the newspaper which folded under the pressure of the hacking scandal, hired an investigator to try to tap the phones. now lawmakers, law enforcement, and 9/11 families are all demanding the truth. >> susan candiotti following the latest for us on this and breaking, one casualty of the news international, rebekah brooks has resigned. >> the question is, does this mean that the walls are crumbling at news corp. it's too early to say, bulls this is a crack in the wa
name kidnap her. that was a big fat lie. warm welcome for soldiers returning home from war. more than 50 national guard troops returned to cedar rapids, iowa, after spending a year in afghanistan. about 2800 men and women will return home to the area in the next few days. this is the largest deployment that the state has seen since world war ii. and those are your headlines. >> let's talk about what's going on. couple of days ago, we heard the president of the united states say don't call my bluff, eric cantor and i'll take my case directly to the american people. today, the president is going to take his case to the american people. he has a press conference this morning at 11:00 a.m. >> we'll see what he says again. there's no talks today, folks. they've been doing them every day this week. there was a rumor maybe they'd go to camp david this weekend but not sure if that's going to happen. no talks today. >> fascinating to see after an hour and 19 minutes yesterday that eric cantor did not say a word today, yesterday, and on thursday. now the president for the second time this week
a big difference to a lot of people. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the debt ceiling deadlock in washington led to increasingly urgent appeals for action today. but even as talks resumed, white house officials warned not to expect a hallelujah moment. fresh alarms sounded on wall street and around the world today about the consequences of a potential u.s. government default. standard & poors joined moody's in warning the country's credit rating could be downgraded, if the government tries to pay just the interest on its debt. and china said it hopes the u.s. adopts responsible policies. the chinese hold more than $1 trillion in u.s. debt, more than any other foreign creditor. at a senate hearing, federal reserve chairman ben bernanke-- t
statements in that meeting, because we don't know what the details were of his proposal and the so-called big deal, my insistence was consistent with our speaker's, that we not raise taxes. and that's why that construct doesn't work. we don't have the votes on this side of the aisle. i'm not supportive of raising taxes on people who are trying to make it right now and can't. so i would say to the gentleman when he refers to the other groups that have been out there, all of whom he say suggest that somehow we need to raise taxes, what the gentleman's talking about is how are we going to produce more revenues? we believe, mr. speaker, that you produce more revenues by having growth in our economy. we don't believe that you promote growth in the economy by cranking up the government spending machine by taking money from people who eastern it, washing it through washington's bureaucracy, and sending it back out. we don't believe that. we believe that growth is created through investment, through hard work in the private sector. by entrepreneurs, small business men and women, people who want to su
is 1.6 trillion pounds. if italy wants trouble, it is too big to be rescued. -- if italy gets into trouble, it is too big to be rescued. italy has world famous vans. what it lacks is low productivity and low growth. some of those who opposed to de's austerity package fear that without growth, italy cannot escape its problems. >> yes, we need to get the debt under control, but this package is not enough. you have to promote growth. in autumn, will be back to square one. >> financial markets also remain wary. most of the savings will not take effect until 2013. italy's borrowing costs are not just high, but close to being unsustainable. the austerity package will be in italy's lower house tomorrow. it is expected to be passed. the real focus remains away from here in greece. there are still deep divisions over how to organize a second bailout for that country. >> kenya's prime minister has promised that a new camp for refugees across the border from the conflict in somalia will now open. the un built the camps in kenya last year. it was intended for emergencies with houses rathe
the world cup final. >> big victory to talk about. >> that's it for us. "cnn newsroom" begins right now with kyra phillips. you have a busy morning. >> we do. a lot to talk about. it's 9:00 a.m. on the east coast and 6:00 a.m. on the west coast. thanks for joining us. >>> the nation's debt crisis. the clock ticks and pressure builds. the president tells the congressional leaders you have 24 hours or less to make something has been. >>> a top murdoch executive resigns this morning. rebekah brooks former head of the disgraced tabloid "news of the world" is gone. >>> in southern california, drivers buckling up for carmagedd carmageddon. a bridge demolition that will close down 405, one of california's busiest highways. >>> we begin with the resignation of a key executive in the rupert murdoch media empire. rebekah brooks is out. many people were outraged when brooks kept her job after the newspaper was shut down for scandalous reporting tactics. and as brooks steps down, the investigations ramp up. the fbi now investigating the murdoch empire right here in the united states. lawmakers dema
is a big question and when we should be jumping to conclusions about. >> giuliani is also a longtime friend of rupert murdoch. >>> now the nation's debt crisis and a new deadline. forget august 2nd. the president says it's decision time now. here is what he told congress. you've got 24 hours or less to move forward on a deal. and then there is this dire message from the big three global credit ratings agencies. if a deal isn't reached soon, they will downgrade the nation's credit standing. the president speaks to the american public today. a news conference less than two hours away from now. 11:00 eastern. we will carry it live. >>> let's get to the white house and dan lothian. what do we expect the president on say come 11:00? >> reporter: well, a senior administration official telling me the president will be explaining to the american people where they really are in this process, what he has asked congressional leaders to do, and how he is still pushing for the biggest deal possible. another white house aide telling me the president will continue in that press conference to make the case
. is that realistic at this point. >> well, in terms of getting that big agreement, it looks highly unlikely at this point, but certainly as you pointed out, the president joking that his campaign was built on hope and change. it will be interesting to see if that hope will also win out in this debate. but, look, what the president is pushing for still is the biggest deal possible. he acknowledged, though, that it's hard to do that, but nonetheless, he has been telling congressional lawmakers during negotiations all this week that if they can't get the biggest deal possible to attack the problem of the debt and the deficit over the long term, then they should still be ambitious. >> we are obviously running out of time, and so what i have said to the members of congress is that, you need over the next 24 to 36 hours to give me some sense of what your plan is to get the debt ceiling raised through whatever mechanisms they can think about and show me a plan in terms of what you're doing for deficit and debt reduction. if they show me a serious plan, i am ready to move. even if it requires some
examined all the pieces of a potential big deal, spending cuts, entitlement reforms, savings from the tax cut and employment insurance. the big deal is his preference but he'd accept a small $2 trillion deal. there's also a proposal by senators harry reid and mitch mcconnell to give the president the authority to extend the debt ceiling through 2012 without the consent. >> he described it as a last ditch effort in case we're unable to do anything else and what may look like something less than optimal today if we're unable to get to an agreement might look pretty good a couple of weeks from now. >> reporter: that fallback agreement is looking more and more likely. sources say that the person who made the most of the argument on wednesday, eric cantor, didn't even open his mouth yesterday in the meeting, and they say that they expect things to move forward, but they don't know how fast. there's no meeting today, but we will hear from the president at a news conference later this morning. >> bill, thanks. we will be carrying that news conference for you here on cbss apart of our special cov
injuries. the big rig's driver was not hurt. authorities are trying to figure out if it was the shuttle driver who ran a red light causing that accident. >>> at this hour another round of white house meetings is under way to try to resolve the debt ceiling dispute. there's new word in just the past hour of a possible bipartisan compromise in the works. that comes after a testy exchange between the president and a republican the last night. >> we have been in this fight together. any suggestion that the role that eric has played in these meetings has been anything less than helpful is wrong. >> reporter: house speaker john boehner rushed to defend eric canter. canter pushed the president so much that the president called out, eric don't call my bluff. >> this is for laws that are due for preexisting obligations such as social security, like the troops we have on the field. like our border security agents, our fbi agents. >> tonight there are reports that the democratic and republican leaders are working on a compromise. it would give the president more authority to raise the debt ceiling
. >> this guy says the petition is all about making the big shots pay. >> big city officials are all like... aha. we've got a free ride you know? >> okay. >> it makes it fair for all of us. >> and nathan is representing unions. >> you can't say this is about night time parking meters when it's about pensions. >> he says the 72,000 signatures gathered should be thrown out. >> our lawyers are looking into it now. >> he says the measure is spelled out right on the petition. >> every petition has what is called a sum marie prepared by the city. pechl read petition before signing it and he adds there were 300 people collecting signatures over tloo months. >> if opponents, you know have any evidence that a person has signed a petition under false pretenses they should come forward witness. i haven't seen any. >> still it's ironic that he has video rolled out, it would be an under cover camera watching -- watching his petition gathers in a web of lie autos well we made it clear to all of the signature gatherers to be accurate. now... is there could be an explanation as to every detail? no that. is why
big to be rescued. italy has impressive designers and world famous brands. what this masks is low productivity and low growth. some of those who opposed the yesterday package fear that without growth, italy cannot escape their problems. >> we need to put this on the table but this is not enough. you cannot put that if you do not promote growth. we will be back to square one. >> of financial markets also remain wary. most of the savings will not take effect until 2013. italy's's costs are not as high but close to being unsustainable. costs are borrwing not as high. the real focus remains so way from here increase stand there are still deep divisions over how to organize a second bailout. -- the real focus remains far away from here in greece. >> a new camp for refugees fleeing across the border from the drought and conflict of somalia will open. the one built a camp in kenya last year. this was intended for emergencies. officials said shut -- officials shut this down. they would now open it with in the next 10 days. >> time is the best since in this matter. -- time is of essence in
fienes i am highly recommend in this movie see it on as big a screen as possible and 3-d it.. here's what some of the fans had to say >>the action was nonstop this is just what i wanted to see the fight scenes were amazing >>we saw the 3-d version of visual effects were amazing they did a great battle scene ... we loved it >>as always you can take a look at my current and past reviews and the a list celebrity interviews on my page on the web site and sunday in my dean's list, and the chicago tribune you can read my interview with rupert grint have a great weekend everyone.. [ engine revs ] what makes us number one in motorcycle insurance? we love bikes. we love riders. and most of all, we love to ride. perfect hair every time. leading the pack in motorcycle insurance. now, that's progressive. call or click today. ♪ ♪ i may be mud but i have standards. mops? please. some of them have bacteria. ♪ ♪ and they try to pick me up? ew. i'm really hard to get. uh! ♪ what about love?! ♪ [ male announcer ] swiffer attracts dirt. used mops can grow bacteria. swiffer wetje
such a big hit already, it probably won't make that much difference to the public standing, the public in which they find themselves. >> so what do you think really was the overriding factor here? is it a moral decision, media decision, or business decision? >> well, it's obviously a business decision, clearly. but i think other things come into it, and we don't know, we can't be party to the discussions and internal investigations that have gone on. she was editor of "news of the world" during the period in which some of the worst examples of hacking, the hacking into milly dowler, the 7/7 bomb victims' phones, and in view of that, that revelation itself should have led to her resignation. it's possible she's resigned a couple of times, it's been rejected, and finally, perhaps on the third occasion, murdoch and his advisors decided, ok, fair enough, it's time she went. >> it's strange, though, isn't it? just a few days ago, speaking to "news of the world" journalists, she said they would understand why the newspaper had to close, because she was privy to information that was going to
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and credit officials. i have also spoken with big banking executives with trade associations, with government watchdog groups and the consumer advocates across the country. i am pleased to report that our various initiatives on improving mortgages and supervising non-bank credit businesses and setting up a strong military service office has received widespread support from both individuals and groups across this country. in my written testimony, i also described in detail the steps congress has taken to provide meaningful oversight over the cfpb and to make sure that it remains accountable both to congress and to the american people. i appreciate the opportunity to discuss that oversight today. so, without chairman isayah, ranking member comings, members of the committee thank you again for inviting me to testify about the consumer financial protection bureau. as we prepare this agency to begin its various responsibilities, we appreciate the important oversight role of the committee and we thank you for your interest. >> i:the gentlelady. without i will recognize myself for five minutes for a
, adding jobs, and creating new opportunities. we are not seeing that, in part, because of the big overhang of foreclosed homes, which are weighing on prices. it is a vicious circle. people do not want to buy because prices are falling and prices are falling because people do not want to buy. there are a number of things we are doing. we are keeping mortgage rates globe. -- keeping mortgage rates low. this works to try to modify mortgages. i think it is worth looking at that area. one area where more work needs to be done is housing finance. we have not begun to clarify for the market out housing finance will be conducted in the future. another area i suggest he might think about is the overhang of distressed houses. for example, fanny, freddie, and the bank's own about half a million homes right now, which are basically sitting there on the market and which are pressing down prices and reducing appraisals and making the housing market much weaker than it otherwise would be. that is another area to look at. i agree with you that the housing market is, in some sense, the epicenter of the pro
Search Results 0 to 33 of about 34 (some duplicates have been removed)